Equities analysts predict that Vantiv, Inc. (NYSE:VNTV) will report $0.95 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Twelve analysts have issued estimates for Vantiv’s earnings, with the lowest EPS estimate coming in at $0.93 and the highest estimate coming in at $0.96. Vantiv posted earnings of $0.75 per share during the same quarter last year, which suggests a positive year over year growth rate of 26.7%. The firm is scheduled to report its next earnings report on Wednesday, February 7th.
On average, analysts expect that Vantiv will report full year earnings of $3.35 per share for the current financial year, with EPS estimates ranging from $3.34 to $3.37. For the next financial year, analysts forecast that the company will post earnings of $3.76 per share, with EPS estimates ranging from $3.53 to $3.95. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Vantiv.
Vantiv (NYSE:VNTV) last issued its earnings results on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.01. The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $551.77 million. Vantiv had a net margin of 6.07% and a return on equity of 41.19%. The company’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.71 earnings per share.
A number of brokerages have recently commented on VNTV. Stifel Nicolaus upgraded shares of Vantiv from a “hold” rating to a “buy” rating and increased their target price for the company from $63.00 to $85.00 in a research report on Thursday, August 10th. Instinet reiterated a “buy” rating and issued a $85.00 target price (up from $75.00) on shares of Vantiv in a research report on Monday, August 14th. Oppenheimer Holdings, Inc. increased their target price on shares of Vantiv from $70.00 to $77.00 and gave the company an “outperform” rating in a research report on Wednesday, August 16th. William Blair reiterated an “outperform” rating on shares of Vantiv in a research report on Monday, July 24th. Finally, BidaskClub upgraded shares of Vantiv from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seventeen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $75.60.
A number of large investors have recently modified their holdings of VNTV. Dimensional Fund Advisors LP raised its holdings in Vantiv by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 628,825 shares of the business services provider’s stock valued at $40,320,000 after acquiring an additional 6,235 shares in the last quarter. HighTower Advisors LLC acquired a new stake in Vantiv during the first quarter worth approximately $230,000. Fox Run Management L.L.C. acquired a new stake in Vantiv during the second quarter worth approximately $690,000. Capstone Asset Management Co. raised its holdings in Vantiv by 3.1% during the second quarter. Capstone Asset Management Co. now owns 4,629 shares of the business services provider’s stock worth $293,000 after purchasing an additional 140 shares in the last quarter. Finally, NN Investment Partners Holdings N.V. raised its holdings in Vantiv by 0.9% during the second quarter. NN Investment Partners Holdings N.V. now owns 66,622 shares of the business services provider’s stock worth $4,219,000 after purchasing an additional 599 shares in the last quarter. 89.15% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Vantiv (VNTV) traded up $0.08 during midday trading on Thursday, hitting $69.39. 1,754,000 shares of the stock were exchanged, compared to its average volume of 1,909,769. The firm has a market capitalization of $12,320.41, a PE ratio of 23.26, a price-to-earnings-growth ratio of 1.54 and a beta of 0.56. The company has a debt-to-equity ratio of 7.45, a current ratio of 0.72 and a quick ratio of 0.72. Vantiv has a 1-year low of $54.38 and a 1-year high of $73.14.
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Vantiv Company Profile
Vantiv, Inc is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC. The Company is a payment processor. The Company’s segments include Merchant Services and Financial Institution Services. The Company offers a range of payment processing services that enable its clients to meet their payment processing needs through a single provider.
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